Question: 1. What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 99.375 percent

1. What is the discount yield, bond equivalent yield, and effective

1. What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 99.375 percent of its face value and is 65 days from maturity? (LG 5-2)

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